A weakening Japanese yen could potentially impact U.S. treasuries, potentially benefiting Bitcoin (BTC).
Swan Bitcoin’s executive suggests that the current financial uncertainty could lead to increased investment in riskier crypto altcoins.
The weakening value of the Japanese yen might pose a threat to U.S. treasuries, which could inadvertently benefit Bitcoin as investors seek alternative stores of value. This is according to an executive from Swan Bitcoin.
At present, 1 JPY is equivalent to 0.0064 USD, showing a 2.39% decrease over the pa